MP for Windsor
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Windsor MP welcomes first July budget surplus in 15 years

Adam Afriyie, the MP for Windsor, has welcomed the news that the country’s public finances were in surplus for the month of July. Over July the public sector received £184m more in tax revenue than it spent on public services. This is the first surplus for the month of July in 15 years.

Since 2010 the budget deficit has also dropped from over 10% of GDP to less than 3%. Over the same period the economy has cumulatively grown by 15.2% and unemployment has dropped to 4.4%, its lowest rate since 1975.

Windsor MP asks question on diplomacy

On Tuesday 11th July Adam asked the Foreign and Commonwealth Office for an update on what the Government is doing to strengthen Britain’s diplomatic relations with foreign countries (12:28:50 – 12:29:30):

 

Foreign and Commonwealth Questions, 11th July:

Adam Afriyie (Windsor, Conservative): It is striking that Commonwealth countries trade 25% more with each other at a cost that is 19% lower than with non-Commonwealth countries. Does the Minister agree that, as we leave the EU, we have a great opportunity to boost our mutual trade and security interests by enhancing our diplomatic relations with Ghana and other Commonwealth countries?

Rory Stewart MP (Minister for Africa): I pay tribute to my hon. Friend, who is our Trade Envoy to Ghana. Ghana is one of the most impressive recent developments in Africa, with three recent transitions of democratic power and a rapidly growing economy. It is a huge example of how the Commonwealth can become one of the great success stories of Britain’s next five years, as we move towards the Commonwealth Heads of Government Meeting.

 

Windsor MP welcomes foreign direct investment

Adam Afriyie, the MP for Windsor, has welcomed recently announced figures that have shown a growing appetite for foreign firms and individuals to invest in Britain’s growing economy.

In the last financial year, over 100,000 jobs were created or safeguarded through Foreign Direct Investment and Britain remained the largest source of inward investment in Europe.

Windsor MP welcomes tax cuts for small businesses

Adam Afriyie, the MP for Windsor, welcomes a raft of new tax cuts for small business that will encourage apprenticeships and investment.

From April small business rate relief has been doubled and the employment allowance for businesses and charities will increase from £2,000 to £3,000. It will offset the cost of the National Living Wage, which is being increased to £7.20 – a 7.5% wage increase for people on lower pay.

Fuel duty has also been frozen for the sixth consecutive year that Conservatives have been in power which has held down the costs of doing business particularly for self-employed mobile workers who make use of vans.

 

The MP for the Windsor constituency, Adam Afriyie welcomed the figures:

“These policies come from a Conservative Government that is on the side of young people, the lower paid and people who start their own businesses or take up an apprenticeship or, indeed, give something back to the community by taking on an apprentice.

“Small businesses are the backbone of the economy. They have powered Britain’s recovery from Labour’s recession and I sense that our country is back on track.

ENDS

Note to editors

  1. Adam Afriyie has written at length on education and social mobility. To see his full record please see here and here.
  2. Adam Afriyie has a strong background and interest in science, technology and innovation due to his entrepreneurial background in the IT sector and a variety of posts he has held and/or currently holds, including Shadow Minister for Science, Chairman of the Parliamentary Office of Science and Technology (POST) and President of the Conservative Technology Forum (CTF).
Windsor MP welcomes another fall in unemployment

The new figures show that in the constituency of Windsor, there are now only 425 claimants of unemployment benefit.

This represents a rate of 0.8% of the Windsor population, placing Windsor in the top 10% best performing constituencies.

Nationally, the employment rate has broken the previous record high set last month, with an employment rate of 73.9%. Inflation is 0.1%, far below wage growth of 2.4%.

The MP for the Windsor constituency, Adam Afriyie welcomed the figures:

“I’m just over the moon. This is an early Christmas present for everyone who’s got a job because work is the best route to financial security. What’s best of all is that only X young people now unemployed with youth employment having dropped by half since this time last year.

“It is at times like this that I am reminded why I joined the Conservative Party: to give people jobs, incomes and a way to improve life for themselves and their familes.

“It is important now that the Government continues with the successful policies that have brought Britain to the top of the economic tables. Let’s push on and secure a more prosperous future for everyone.

“It’s hard to believe that Jeremy Corbyn and the Labour Party want to take us back to the failed policies of 1979. I genuinely cannot fathom why they refuse to accept that the best way to create meaningful jobs and incomes is to pursue sound economic policies which means cutting government spending and taxes on the least well-off whilst getting people off benefits and into work.”

ENDS

Note to editors

  1. Total unemployment – 425
    1. JSA – 402
    2. Universal Credit but not in employment – 23
    3. Percentage of those aged 16-64 – 0.8% (equivalent UK rate is 2.4%)
  2. Ranked – 589 of 650
  3. 57 lower than November 2014
  4. 11 higher than October 2015 (figures are not seasonally adjusted)
  5. Youth unemployment (18-24)
    1. Total – 35
    2. 35 lower than November 2014